Share This Info:  

For Sale: Asian Korean Fusion Style Restaurant - Profitable - Torrance, Los Angeles Area


Current Status: Active     Posting #: 263796     Last Refreshed: 8/1/20    
Contact: John Lee At 310-617-3773  -  Also Email This Contact Below
Price:  $350,000     Down:  $350,000     Adjusted Net:  Call / Email     Revenue:  $840,000    
Business Address:  None Given     City:  Torrance     Zip:  90247    
Attributes:  Training & Support     Cooperation With Brokers?  No

  Email John Lee Below About This Posting
Your Name:
      Your Email:
      Your Phone:
Your Questions And Message To John Lee: 

No Spam
For Best Results & Response, Email & Phone This Contact: John Lee at 310-617-3773.

  Description About This Posting: Asian Korean Fusion Style Restaurant - Profitable
Asian Korean fusion style restaurant in Torrance. A most profitable restaurant in South Bay. Only 1,000 sf of space with low rent $3,700 NNN/m in the shopping center. Gross around $70K per month and Net about $20K/ month. No alcohol sold. Open 10-9 PM. Sunday off.

It's a Hidden Diamond.

Seller transfer all the recipes and employees can remain with buyer if buyer wants.

Even under Corona crisis, the monthly sales around $70,000 and net is way above $20,000.

No delivery service and discounted price at any case.

This Korean and Asian fusion style restaurant in Torrance may be the best, most profitable restaurant in whole South Bay area with real low over head.

1,000 sf of space with real low rent $3,700 NNN per month in the shopping center.

An year and half of term with 5 years of option remained.

Monthly Gross sales is above $70,000/m and Net income is above $20,000 per month.
Food cost is very low 20-22%,
Revenue keeps growing.

Asking $350,000.
No alcohol beverage is sold.

Open 10-9 Mon-Sat Sunday closed.

If you open Sunday. It may be easy to make abt $3,800 sales or more.
It may cover monthly rent.

All the figures will be proven 100%.

No problem at all to get any kind of loan by the financials of subject business.
However seller does not want to have any contingency beside Lease Assignment..
Seller wants a buyer who is financially strong enough by proving fund source.

All detail information including trade name and address will be provided by listing broker at meeting for showing after you signed on NDA .

After that you can make an appointment with seller at 9:30 PM or Sun afternoon to verify information that was provided through broker.

The reason to sell under such a good condition of business is very personal unable to open.

Again, all the figures are verified by yourself... Nothing is hided hided.

To get more information about this Asian Korean Fusion Style Restaurant - Profitable business for sale in Torrance, Los Angeles Area please phone John Lee (Intermediary, Broker - BRE License #:01893421) at 310-617-3773 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #263796 on BizBen.com. In addition to phoning John Lee, make sure you email John Lee above to get more info about this Asian Korean Fusion Style Restaurant - Profitable, to ask any questions or request an appointment to see this business for sale. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


  Helpful Resources To Assist In Selling And Buying California Businesses


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Overspending Restaurant Purchases
Restaurant Equipment Buying Selling
Buying A Coffee Kiosk
Selling A Restaurant
Buying A Second Restaurant Location
Tips About Buying California Restaurants


Close
Michael Brewer, ABC License Consultant
Bill Ziprick Legal Advise
Facebook
Twitter
Linkedin
Vlogs and Podcasts
Liquor License Brokers And Consultants
Shalonda Escrow Services Town And Country
Helen Yoo At New Century Escrow
California Educational Events Buying And Selling Businesses
BizBen ProBuy Program
BizBen Blogs And Articles
Instant Email Alerts On BizBen
BizBen ProSell Program
Business For Sale California Stats

BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2020, All Rights Reserved



Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
What Are Some Tips In Ensuring A Smooth Transition When Buying A Busines...
Read More News
Buying A Restaurant With Financing: 5 Options For Restaurant Business Bu...
Read More News